Insights from the 100+ business ideas we killed last year

Insights from the 100+ business ideas we killed last year

Boards of Innovation provide companies with validation services for new concepts. They believe that it is essential to find the weak spots of new ideas before investing too much in them. A simple yet effective technique is to research the search intent of potential customers. Are they searching for the proposed product or service? This can save an incredible amount of time and energy. Another technique involves identifying the minimum vitality of the concept, the most basic user requirements, and testing it on early adopters. Lastly, understanding the niche market of a new idea is vital to validate its potential success.

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More Innovation Resources:

Innovation funnel meaning and examples

Innovation funnel is a process that filters the best innovative ideas for execution. This article explains the three most effective innovation funnels; The Stage-Gate Method, The Lean Startup Method, and The Design Thinking Method along with Accept Mission’s own innovation stage process.

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The Advantages of Change

Change is inevitable and necessary for progress. Embrace it to create opportunities and remain competitive in the market.

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Put Yourself in a Sticky Situation for Strategic Thinking Exercises

Sticky notes are effective tools for ideation and strategic thinking exercises because they provide sustainability, portability, and visibility to creative ideas.

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